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Bohan Foundation Ramps Up Investment in ASTA Member Development Efforts
Alexandria, VA, May 22, 2020 – The American Society of Travel Advisors (ASTA) today announced that The Dan and Gloria Bohan Foundation, led by Omega World Travel President & CEO Gloria Bohan, will provide $20,000 toward the Society’s member development efforts in lieu of its customary support for the annual ASTA Entrepreneur of the Year award program.

Travel Vouchers & Future Travel Credits - Good Consumer Value but Swift Agency Compensation is Key
Alexandria, VA, May 20, 2020 - Sales made through the travel agency distribution channel represent a particularly significant share of total revenue to virtually all travel suppliers, with advisors serving as a valued extension of the sales arm for suppliers.

Department of Labor Rescinds “Blacklist” Rule
Alexandria, VA, May 19, 2020 – Yesterday, the U.S. Department of Labor (DOL) announced its intent to rescind an arbitrary regulatory “blacklist” that blocks travel agencies from utilizing an exemption from federal overtime rules designed for retail businesses. In Congress and at the...

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PPP Loan Forgiveness Application and Additional Guidance Released, Congress Working on PPP Fix Bill
We write today with some updated guidance regarding the Paycheck Protection Program (PPP), one of the central relief programs included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Earlier this month, the Small Business Administration (SBA) released the PPP Loan Forgiveness Application, with a worksheet addendum.

Congress Sends Agreement on Small Business Funding to President Trump
Last night, the U.S. House of Representatives passed legislation to authorize about $310 billion in additional funding for the Paycheck Protection Program (PPP), one of the central relief programs included in the Coronavirus Aid...

Congress Reaches Agreement on Additional Funding for PPP and EIDL
Today, Congressional leadership and the Trump Administration came to agreement on legislation to authorize about $310 billion in additional funding for the Paycheck Protection Program (PPP), one of the central relief programs included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act.